just energy sector, the european commission has proposed a new sanctions package with an import ban on russian coal and the center of europe . imports about half of the thermal call from russia, which it uses to generate electricity and fuel power station. because of the blocks heavy dependence on russian energy deliveries. the leaders had been hesitant to include the sector in previous rounds, a sector. a short while ago i spoke to gary sack man, an expert on energy policy at the brew will think tank. and i asked them if an import band of russian, coal is a real lever to apply pressure on moscow or more of a symbolic move that, that you isn't shying away from targeting this crucial sector. for now, it is more of a more like exercise in showing that we are now breaking to and going for energy sanctions that will not have massive implications as such.

so even if we're entirely stop buying russian calling european union, that boils down to that, you know, about $20000000.00 euros per day, which is less than 10 percent of what we pay daily for, or what we pay daily for russian guess. so it's a rather small amount that it is currently being targeted to you. so when we say the gets around 50 percent of its coal from russia, that sounds a lot, but actually it is not how important is the commodity to the block. first of all, it's not 50 percent of our coal, it's 50 percent of our inputs. so europe is still producing in countries like own and significant amount of coal itself. and there is also leak night, which is entirely produced with in the european union. and then you have to see the global market, which is very valuable and liquid market. so if

a sensually no more impulse and ships with co come from russia, then cool ships will come from countries like columbia. so every color, st. indonesia. and that will be relatively simple to use disco to replace russian calling european market. just sink a few years back when russian she has an input in to the tune of 20 percent. that this market can create the rebalance and, and change to suppliers. could russia find other buyers than if there is other suppliers to europe? so india, for example, hasn't shown any hesitant to do business with moscow even a bit, the horrifying picture is coming out of the crate. that's exactly the flip side of this availability of additional call to the european market. that is also means there might be bio for russian call on the global market. so that's why i said at the beginning, i counted more as a 1st step in energy sanction as

a more symbolic move saying, we don't shy away from energy sanctions anymore. but the real implications of call of import stop from europe for russia will be very limited as movie the implications on european consumption. k r tech, one of the brutal institute. thank you for your insights. russia's invasion of ukraine is showing ripple effects around the globe and as the war keeps pushing prices for commodities like oil and wheat, the asian development bank has trimmed as forecasts for the region. the fall out of the ukraine war isn't the only thing, but has the ab be concert. first, the pandemic. then, the war in ukraine, asian markets are reeling from the effects of both catastrophes. according to the asian development bank, economic growth will be smaller than expected. the philippines based lender is

worried about the impact this will have on the prices of commodities, which are certain to trickle down to consumers and have lasting effects. if stations are, are increased and are effective in really preventing russia from selling his oil and gas. then that clearly would lead to a even greater spike in oil prices. be highly transmissible, alma con variant is making it difficult for some of asia strongest economies. to recover an extended lockdown of china's manufacturing center, shanghai and spike in coven deaths in hong kong is making this close to impossible . if the buyers were to spread to many chinese cities and the government maintain a very strict 0 coverage of the really could be very disruptive to economic activity in china, which would emanate throughout the region and an expectation that the u. s. federal

reserve will raise interest rates also has some investors worried? the circumstances have led the a d. b to trim growth forecasts 420212022. only one thing asserted in this global economy. a projection is merely that alicia china now 26000000 people, confined to their homes, and no end in sight. following a public uproar, shanghai officials have now allowed parents to stay with children infected with coven 19. but the full lockdown, which started in parts of china's largest city 10 days ago, has been extended images almost identical to the beginning of the pandemic. 2 years ago, sean ice residents have been ordered to stay at home on li supermarkets and pharmacies are still open. for this fish processing factory. the financial tool is

catastrophic. according to its supply records, fish was delivered and processed on march 22nd. since then, production lines have stood still well on temper yarnell on that 2 weeks ago. revenue was just 50000 you on which wasn't even enough to pay my staff for guns ever got from 50000. you on about 7500 euro's that turn over is now 0. is state on bank has issued the factory a low interest loan worth 450000 euros. it's manager hopes it'll be enough to keep the company afloat during the locked down. so i had no access to cash because of the outbreak, and then suddenly this loan provides a lifeline cha ching lighter houses. no one knows how long the lockdown will last. even with very low case numbers. chinese authorities impose curfews mass testing and seal of entire cities the case now in shanghai,

state media reporting that these measures could reduce new infections to 0 within 2 weeks. this is also the hope of the owners of shattered companies and sto us who all fear for their businesses. let's get more of this from dw sold, sung han entire paid. so 26000000 people on lock down. how are they reacting? proposed frustration is growing. and as shocking to see residents of different beauties chanting slogans like lived, there is restriction or give us food. all we will die from hunger. we also see small rioters trying to rush out to get health care, the food and other life necessities. many more people took to chinese social media to share their stories. in some extreme cases, threats or self harm or violence were report it. it's really tough for the government to handle because not just the general public, but the medical staff, police officers, middle level, or senior officials, are disgusted by the total locked down. people just cannot stand it any more. and

so with an entire city population confined to their homes. does this mean nobody is out working? yes and no, no one is out, but people are still working. in fact, before the total locked down from march 30th employees are many firms already set up tents in their offices or they were put into food and housing in the factory mote with blank uh, with bunk beds in the factory and showers in the toilets after the total lockdown, the government sent drones to warrant anyone who leaves any booting. so for most industries, working from home is an option or they have to implement close the loop production with employees living, working and traveling only between 2 points within the factory area. so they are not out but working it. so let's try to look at the bigger picture here. economists are predicting this lockdown will cost shanghai a more than $3.00 and

a half percentage points in economic growth this year. what is it likely to mean for china's economy as a whole? shanghai is the largest and most popular city in china. it contributes the most to its g, d, p, along with beijing gonzo and sent in. there are report saying that if some high is closed for 2 weeks, the impact on china's g d p for that month would be about 2 percent. if it is close for one month, the loss is roughly 4 percent. china is likely to struggle reaching its growth target of 45.5 percent this year. it will seriously undermine the confidence of foreign investors and discouraged many potential investors and many foreign companies in shanghai. we'll have to consider the risk of a repeated disruptions or restrictions in the logistic supply chain and choose to downsize or even relocate and with the economic toll of its 0 covert strategy. mounting is china likely to stick to this palms?

yes, one reason commentary piece on the official newspaper explains the logic behind it . china 0 cove is strategy. compare with the idea of co is this thing with the virus is on the surface, a battle of ideas strategies. but in essence, it is a battle of systems national power governance capacity and even civilization to the beijing authority. this damage shows that the chinese communist party leadership sees health prevention and epidemic prevention of the battle. with the west, chinese president sheeting, he wants to use it as a tool to realize his personal achievement at all. at all cost. he w correspondent, so song her entire paid. so thank you and less than 2 weeks before you, sir. italy's ferrero is recalling kinder chocolate eggs and 7 european countries over possible links to salmone nella. dozens of infections have been detected in

several parts of europe and the u. k. although they are not proven to stem from the toy filled treats, in fact that you health agency did not mention pharaoh or any other company, but a warrant that the report reported cases were mostly among children under 10 years old, many of whom had consumed the shock and his reminder of our top story at the sour for the 1st time since russia's invasion of ukraine, the european commission looks at directly hitting the country's all important energy sector with an import band on russian cold and option long an option long off the table as of much of europe's energy depends on such camps. that's a show for knob for more checkout website at d, w dot com slash business for d w. news on the to to chat. i'm chris co. verbal and thanks for watching. have

yourself a success with with ah,

ah, training between heaven and earth name always had meaning. and he usually knows exactly what that is. doctor kirk kramer, also known as marcia been then one of the world's most renowned experts on church bells. ah, in 30 minutes on d. w. rushes, attack on ukraine. how did it come to this? a conflict that's been brewing for decades? spiraling political interest, grievances and violence. we to tipping points in our escalating further war in europe. drama in ukraine. in 75 minutes on d w. so what does war do to people

are hatred and violence inherited from generation to generation and award winning documentary searches for answers for 2 years and the author accompanies a cell, a fist family in more than syria insights into the isolated world of radical islamists and into a spiral of violets without end. with a film about family. faith, masculinity. of fathers and sons starts april 16th on d, w. o

. ah, this is the only news life from berlin surviving boucher, after 4 weeks of living under russian occupation, residence of the ukrainian town described to d. w. some of the atrocities they've witnessed by russian troops also coming up. prepare for the long haul. nato chief yes. thornburg warns of enduring tensions with moscow is alliance defense.